Bitcoin’s latest surge has traders making increasingly aggressive bets that the rally has further to run. On Monday, one or more traders bought 2,000 Bitcoin call-option contracts with an $82,000 strike price expiring Sept. 4, according to Laevitas. The position cost about $2.9 million in premiums. The trade is a straightforward bullish bet: Bitcoin needs…
Well, that was quick. Not even a quarter of the way into an expected 19-day federal trial over Meta’s alleged failure to protect young users, the social media giant agreed to settle the case. The company has agreed to pay up to $16.7 billion to 51 US states and territories, and make substantive product changes…
BNB price traded near $707 on Aug. 26 after gaining nearly 13% from its Aug. 20 opening price, with technical charts showing strong momentum but growing resistance between $712 and $725. Summary BNB price rose from $626.47 on Aug. 20 to about $707 on Aug. 26. The daily price remains above all four major moving…
Social network Bluesky said on Tuesday that it is now increasing video limits on the platform to 10 minutes. Previously, the platform allowed three-minute-long videos, a limit that it raised last year. This makes it more competitive with other text-based platforms that by default allow for shorter video uploads In addition to increasing the video…
Key Takeaways U.S. M2 hit a record $23.16 trillion as global measures pushed toward $103 trillion. Bitcoin ripped higher in August but remains below its 2025 peak. U.S. M2, DXY and bitcoin ETF flows will decide whether the catch-up trade survives. Global M2 Blows Through Record Territory Just like the global debt, the money supply…
XRP Ripple on-chain activity jumped sharply in August, while the token sits near $1.43, up +42% over the past seven days, according to CoinGecko data. Average daily active addresses on the XRP Ledger rose +35% month over month to roughly 35,700, up from about 26,400 in July, while new-address creation barely moved at all. This…
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DOGE, SOL, and ZEC have dropped a lot as well in the past day, while RAIN has skyrocketed by double digits. Bitcoin’s rally that began a week ago culminated yesterday with a surge to over $81,000 for the first time since May, when the asset was halted and driven south by a few grand….
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Key Takeaways Hyperliquid’s AQAv2 upgrade is now live and was approved by 69.08% of validators. The mechanism directs 90% of yield on roughly $5 billion in USDC toward HYPE buybacks. The Hyperliquid Assistance Fund has already spent about $1.1 billion acquiring 45.07 million HYPE. What AQAv2 Does Hyperliquid’s validators approved the AQAv2, or “Aligned Quote…
